BJs Wholesale Club Holdings Inc (NYSE:BJ) SVP Graham Luce sold 23,239 shares of the firm’s stock in a transaction that occurred on Thursday, January 10th. The stock was sold at an average price of $24.00, for a total transaction of $557,736.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of BJ stock opened at $23.78 on Friday. BJs Wholesale Club Holdings Inc has a 52-week low of $19.31 and a 52-week high of $32.92.
BJs Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Tuesday, November 20th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.04. The business had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.16 billion. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.25 earnings per share. On average, equities research analysts expect that BJs Wholesale Club Holdings Inc will post 0.95 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of the stock. Amica Retiree Medical Trust purchased a new position in BJs Wholesale Club in the third quarter worth $114,000. Tower Research Capital LLC TRC purchased a new position in BJs Wholesale Club in the third quarter worth $169,000. Janus Henderson Group PLC grew its holdings in BJs Wholesale Club by 20.0% in the third quarter. Janus Henderson Group PLC now owns 60,000 shares of the company’s stock worth $1,607,000 after purchasing an additional 10,000 shares during the last quarter. Jane Street Group LLC purchased a new position in BJs Wholesale Club in the second quarter worth $280,000. Finally, Strs Ohio purchased a new position in BJs Wholesale Club in the third quarter worth $334,000. 82.90% of the stock is currently owned by institutional investors.
A number of equities analysts have recently commented on BJ shares. Northcoast Research started coverage on shares of BJs Wholesale Club in a research report on Tuesday, September 25th. They set a “buy” rating and a $38.00 target price on the stock. Citigroup started coverage on shares of BJs Wholesale Club in a research report on Tuesday, October 2nd. They set a “buy” rating and a $31.00 target price on the stock. Morgan Stanley reaffirmed a “hold” rating and set a $30.00 target price (up from $28.00) on shares of BJs Wholesale Club in a research report on Thursday, October 11th. Zacks Investment Research raised shares of BJs Wholesale Club from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Tuesday, October 16th. Finally, Oppenheimer started coverage on shares of BJs Wholesale Club in a research report on Wednesday, October 17th. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. BJs Wholesale Club has an average rating of “Buy” and an average price target of $29.85.
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About BJs Wholesale Club
BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.
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